The Sydney-based manager has launched its inaugural fund, targeting investments across five AI growth vectors.
The AI-powered coding platform raised $400 million in March at a $9 billion valuation, nearly three times its level six months earlier.
Stableton will contribute its secondary market expertise, while Mnaara provides a Shariah-compliant investment methodology to target the 15 largest private tech unicorns in developed markets.
The recently registered tender offer fund will invest in venture capital and growth opportunities across LP-led secondaries, direct secondaries, continuation vehicles, and co-investments.
The equity management platform is expanding into private market liquidity, with plans to develop a secondary marketplace for company-approved transactions.
Founded in 2000, Saints Capital specializes in venture secondaries with a focus on GP-led transactions.
The Sydney-based firm launched in May as an AI-focused secondaries investor, targeting opportunities through GP-led and direct secondary transactions.
Pinnacle Ventures will provide angel and sophisticated investors with access to deal-by-deal venture investments in UK tech companies and pre-IPO secondaries.
This will be the first of several planned vehicles aimed at advancing secondary market activity, primarily in the Japanese market.
In this episode of the 'How I Invest' podcast, Host David Weisburd speaks with HarbourVest's Scott Voss on why continuation vehicles and evergreen structures are transforming private markets.
